Shareholders Gird for J.P. Morgan Meeting After Trading Loss

By

Kirsten Grind

Updated May 14, 2012 8:00 p.m. ET

Shareholders will have a chance to express their frustration at J.P. Morgan Chase & Co. at the firm's annual meeting Tuesday in Tampa, Fla., following its disclosure of a $2.3 billion trading loss. One large investor group is calling for an overhaul of the bank's risk committee, and two proxy advisory firms have reaffirmed their position that the bank needs an independent board chair.

The shareholder vote will be the first chance for J.P. Morgan's big and small investors to register their anger at the bank's massive...